Easy Tips for Choosing Stocks – Currently investing is your first step to determine your own future. There have been many people who invest to get rich quick even though the main purpose of investing is to invest in stocks for our future. Many people fail to invest, not because they don’t understand how to invest. But there are still some people who are wrong in choosing a stock. Here are easy tips in finding the best stocks

1. Use Securities with Small Transaction Fees

In stock investment, investors are required to open a securities account that is facilitated by a securities company. After the account has been created, the next investor must top-up a certain amount of funds to a securities account.

The money in the securities account will function like e-money. This money is what investors use to buy the desired online stocks. So, the transaction costs in question are the costs of buying and selling shares. This fee will be the profit of the brokerage company concerned.

Usually the cost of a security is set to 0.19% for purchases and 0.29% for sales. But there is also only 0.15% for purchases and 0.20% for sales.

2. Calculate the advantages and disadvantages first

There are some stocks that only sell for IDR 50 silver per share, you know! In stock investment, you can only buy in units of lots, where one lot consists of 100 shares. If you buy a lot of shares at a price of only Rp. 50 silver per share, it means that you only need to pay Rp. 5000. You have managed to own your own shares.

No need to buy an expensive one, just choose the one that fits your ability. The formula is to peg a profit of at least 1% of the funds you spend to buy shares.

Also Read :Things to Pay Attention to Before Investing

For example, IDR 5 million for 1% profit worth IDR 50 thousand. If the profit you get can be up to 10% every time the share price goes up you can get at least up to Rp. 500 thousand for free.

3. Choose Stocks Listed on the LQ45 or IDX30 Index

The list of shares issued by the IDX (Indonesian Stock Exchange) is a statistical measure of changes in price movements of a collection of shares, which are selected based on certain criteria.

Well, for beginners who are confused about the first stock purchase, they can choose stocks in the IDX stock index which are members of the LQ45 or IDX30 index. Don’t worry, most of the stocks in the index have very high liquidity.

In addition, the listed companies are also companies with good background and fundamentals.

4. Buying Stocks from Banking or Consumer Goods

After knowing what the LQ45 or IDX30 stock index is, the next step is to choose stocks from banks or companies engaged in consumer goods.

Buying shares from banks and large companies engaged in consumer goods as your first share is the wisest and safest way to experience your first stock playing.